ST. GEORGE’S, GRENADA 10TH MAY, 2018: The Ministry of Trade, Industry, Co-operatives and CARICOM Affairs in collaboration with the CARICOM Development Fund Division of the CARICOM Secretariat will be hosting a National Consultation on the draft CARICOM Cohesion Policy developed by the CARICOM Development Fund (CDF).
“Cohesion”, according to CDF, is about ensuring that CARICOM citizens in all Member States are better positioned to share in all of the benefits of economic integration.
The purpose of the Policy is to achieve greater economic and social structure in the integration process of the CARICOM Single Market and Economy.
Under the Treaty of Chaguaramas, it has been recognized that there are disparities and inconsistencies among the Member States with respect to the administration of trade agreements and participating effectively in CARICOM Single Market and Economy (CSME). As such CARICOM has established the CDF. The main aim of the CDF is to provide the financial and technical support to disadvantaged countries in advancing their development agenda. The policy framework through which CARICOM is seeking to effectively implement the CDF is the Cohesion Policy.
Senior Economist at the CDF, Dr. Lavern McFarlene is expected to be in Grenada to present the draft Policy and provide recommendations to resolve the socio-economic implications of disadvantage countries resulting from the implementation of the CSME and globalization.
The Consultation will take place on Monday, May 14, 2018, at the Grenada National Stadium from 9:00 a.m. to 11: 00 a.m.
Monday 23rd April, 2018: The Ministry of Agriculture and lands wishes to inform the General Public especially individuals already in or interested in joining the beekeeping sector that it is illegal to import bees from other regional islands as well as internationally.
Persons seeking to bring in Africanised bees from Trinidad are asked to stop immediately as these bees would destroy our native bees and very harmful to the Grenadian population.
The Ministry is also asking all persons engaged in beekeeping and not registered as a beekeeper with the ministry to kindly do so.
The Ministry have a farmer’s registration process where all farmers registered with the ministry are issued an Identification card.
Once again Africanised bees also known as killer bees are very dangerous and shouldn’t be allowed into our island.
The ministry would treat this matter very seriously. Any information about persons bringing Africanised bees from Trinidad can be reported to:
Veterinary and Livestock Division,
Ministry of Agriculture and Lands
ST GEORGE’S, GRENADA, 16th April, 2018: Prime Minister Dr. the Rt. Hon Keith Mitchell has begun a series of staff engagement meetings, as part of a policy initiative to create an open forum for staff to be able to freely voice concerns and challenges as they set the tone to deliver on the policies and programs of the new administration.
Dr. Mitchell will also use the opportunity to solicit an exchange of ideas with all divisions, on the role they will have to play in the new construct of the Ministry of Finance, Planning, Economic Development and Physical Development going forward.
His first engagement welcomed the Division of Economic and Technical Cooperation (DETC), primarily responsible for spearheading Government’s Public Sector Investment Programme (PSIP), as well as technical and economic cooperation with selected regional and international development agencies.
The Prime Minister assured the staff that along with the expectation of optimal staff performance, management is shining the light on the division to address the critical areas of structure reform, leadership, and revitalization of PSIP Operations Committees, with a view to re-position the division to meet its full potential and Government overall objectives.
But most importantly, he said, management is committed to creating the enabling environment for staff to play a more interactive role with other Ministries for Project Management and Implementation.
The Prime Minister in highlighting the importance of staff involvement challenged the DETC staff to “step up to the plate” he said if this process is to succeed everyone must pull their weight. He assured them however, that, government is committed to providing the necessary resources to get the job done.
The DETC staff embraced the new thrust to interact with Management and was very open with expressing their views on the way forward, because they are confident that the division has tremendous potential and together the team can do a great deal to attract Grants and other resources for the country.
Dr. Mitchell said that Grenada is well-poised to benefit from available untapped sources of Grant Funding, especially in the area of the blue economy.
The Caribbean Export Development Agency will be launching its Direct Assistance Grant Scheme (DAGS) in Grenada on Thursday April 12, 2018.
The Direct Assistance Grant Scheme offers financial assistance to registered businesses, individuals and business support organizations with potential to export products and services.
The objectives of the scheme are as follows:-
The activity will commence with a launch and remarks by key stakeholders including representatives from the Government of Grenada, European Union Delegation and Caribbean Export Development Agency.
Subsequent to the launch is a workshop where a representative from Caribbean Export Development Agency will demonstrate the application process for accessing the grant.
The venue is the Grenada Investment Development Corporation (GIDC), starting at 9:30 a.m. until 5:00 p.m.
The media houses are invited.
ST. GEORGE’S GRENADA 29th March, 2018: The Ministry of Economic Development, Trade and Planning, in collaboration with Caribbean Export Development Agency and the Grenada Investment Development Corporation will be hosting a seminar on Access to Finance; and a Link Caribbean Pitch Competition, on Friday April 13, 2018 at the Grenada Investment Development Corporation (GIDC).
The seminar is from 9:00 a.m. to 12:45 p.m. and the Pitch Competition from 1:45 p.m. to 4:30 p.m. These initiatives are expected boost export development in Grenada.
The aim of the seminar is to sensitize entrepreneurs and financial agents on the role of Small-Medium Enterprises (SMEs) to economic development, as part of the implementation of the National Export Strategy. The challenges faced by SMEs from local financial institutions will also be addressed.
The “Link Caribbean Pitch” Competition is being implemented by Caribbean Export Development Agency with support from the World Bank under INFODEV’s EPIC program. The programme’s aim is to discover potential entrepreneurs with executable and investable ideas, who are seeking financial and other support. The main objective is to develop an Angel Investing Ecosystem in the Caribbean.
In this regard, five pre-selected firms will be given fifteen minutes to pitch their business ideas to five Judges. The winner will be awarded $5,000.00 to advance their business venture.
ST. GEORGE'S GRENADA 29th DECEMBER, 2017: Grenada was privileged to host a Mission of the Green Climate Fund (GCF) during the period 15th - 19th December, 2017 as part of a one week mission by the Fund to the Caribbean.
Other Caribbean Countries visited during the mission included Antigua & Barbuda, Dominica, Barbados and Haiti.
The objective of the Mission was to further advance the engagement of the Green Climate Fund (GCF) with Caribbean countries to build national capacity to accelerate direct access grant funding from the GCF for investments to reduce vulnerability to climate change and promote increased use of clean and renewable energy.
The GCF Team got the opportunity to meet with public and private sector officials to reviewed the draft country program and pipeline of projects and assess the country’s readiness for direct access to funding for national capacity development.
The Team expressed strong commitment to building National Capacity at the institutional, technical and professional level to ensure that Grenada, and other developing countries, can take ownership for actions and investments to build resilience to climate change and reduce carbon emissions.
This, it is believed, will contribute to greater sustainability of these actions and ensure that the country benefit from a greater proportion of the funding provided.
The GCF Team agreed to support request from Grenada for additional funding for the following actions during 2018:
(a) To build national capacity with an annual disbursement of US$1 million through direct access to the GCF; A key component of this support is the setting up of a Climate Change Training Centre in Grenada in collaboration with local, regional and international institutions to provide certified training in climate change at the technical, vocational as well as professional levels. The trainings will target persons in the public and private sectors, as well as communities and civil society actors.
The programme or courses would be accredited by a formal education centre or university and certificates from the programme/courses would be nationally, regionally and internationally recognized.
(b) To provide US$3 million to support Grenada’s national mitigation and adaptation planning process and priorities for actions to reduce vulnerability to climate change and promote increased use of renewable energy. This includes an initiative to develop the town of St. George’s as the first climate resilient- smart city in the Caribbean in line with the outcome of the public-private Caribbean Climate-Smart Coalition launched in December 2017.
These actions will also support the development and implementation of three major investment programs to build resilience, and promote investments in clean energy and energy efficiency in collaboration with the private sector.
The estimated cost of the required investments to reduce emission and build resilience to climate change in Grenada is estimated at over US$400 million.